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Murdoch’s Salary At $24.3 Million; Raised For Parity With Chernin
The latest SEC filing by News Corp has disclosed salaries of top execs in the company: Rupert Murdoch received compensation valued at $24.3 million in the fiscal year ended June 30, and had $8.1 million in salary last year, an increase of $3.6 million. The company’s compensation committee said it gave Murdoch the increase “for purposes of pay parity” between him and his COO Peter Chernin, and said it was warranted by News Corp.’s continued growth under Murdoch’s leadership and his record of creating value, reports AP. Chernin received compensation valued at $27.4 million, with a base salary of $8.1 million, a bonus payment of $10.4 million.
Via paidContent.org
